Managed communications provider and broadband ISP Air IT, which also already made eight acquisitions in the past year, has today continued their acquisition spree by gobbling up Reading-based MFG UK and Uttoxeter-based INFINITY IT Solutions for an undisclosed sum.
The new additions will bring Air IT’s headcount up to 270 and, as a result, they now have a total of 9 offices across the UK, including their Nottinghamshire headquarters.
Backed by August Equity since January 2020, this also marks the fourth time the IT Managed Service Provider (MSP) has acquired two similar businesses simultaneously – the first pair last October, the second in December and the third in March.
John Whitty, CEO of Air IT, said:
“We are thrilled to have found two more outstanding teams to join the Air IT Group, which has allowed us to further expand our footprint and introduce skilful, likeminded colleagues to the team. Both MFG and INFINITY are very similar to us in terms of their service maturity, product set, client type and, most importantly, culture – we are confident that they will be a great fit for Air IT and look forward to the contribution we know they will add. Our aim is to be the go-to MSP and MSSP for SMEs across the UK, delivering a local service on a national scale, and welcoming exceptional talent to the Group will help us achieve this.”
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